In 2023, Todd Penegor earned $5.52M in total compensation at Wendy's, including $1.15M salary and $4.31M in stock. Most recently acquired 65,589 shares in Mar 2023. Currently holds stock worth $11.11M. Led Wendy's as CEO for 8 years.
Compensation History
Annual executive compensation data for Todd Penegor, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$5.52M
Salary
$1.15M
Bonus
$0.00
Other
$54.09K
Salary
$1.15MBoard Justification
The compensation program is designed to attract and retain highly qualified executives, motivate and reward for achieving performance goals, and align interests with stockholders.
Bonus
$0.00Board Justification
No bonus was awarded for 2023.
Other Compensation
$54.09KBoard Justification
Includes 401(k) contributions, automobile allowance, and other perquisites.
Restricted Stock
Board Justification
Performance unit awards vested at 60.5% based on cumulative free cash flow and relative total stockholder return performance metrics for the period ending December 31, 2023.
Performance Metrics
Adjusted EBITDA, Global Systemwide Sales Growth, ESG Performance Measure.
Todd Penegor
Ex-CEO of Wendy's
Education
Bachelor's degree in Business from Michigan State University.
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Consumer Cyclical
Born
May 1, 1965 - 60 years ago
CEO of Wendy's for
8 years 0 months (May 2016 - Jun 2024)
Previous Experience
Chief Financial Officer and International at Wendy's, various roles at Kellogg Company and Ford Motor Company.
Holdings
Track Todd Penegor's stock holdings and portfolio value over time.
Total Stock Sold
$37.15M
$37.15M
1,497,218 WEN shares
What if they kept their stock?
If Todd Penegor didn't sell their stock, today they would have:
Extra WEN1,497,218 shares worth $12.71M.
This is -65.78% and $24.44M less than what they got when they sold the stock.
Insider Trading
Todd Penegor's recent stock transactions, purchases, and sales filed with the SEC.
65,589 shares
WEN
Mar 1, 2023
Received
74,448 shares
WEN
Mar 2, 2022
Received
$17.36M
WEN at $26.72/share
Jun 8, 2021
Sale
115,377 shares
WEN
Mar 3, 2021
Received
$5.93M
WEN at $22.47/share
Nov 9, 2020
Sale
$6.37M
WEN at $21.23/share
May 11, 2020
Sale
141,521 shares
WEN
Feb 19, 2020
Received
$6.06M
WEN at $21.34/share
Nov 25, 2019
Sale
239,359 shares
WEN
Feb 27, 2019
Received
51,515 shares
WEN
Feb 28, 2018
Received
Rivals
Compare Todd Penegor with competitor CEOs and industry peers.